Sarla Performance Fibers Reports Substantial Share Acquisition by Hindustan Cotton Company

1 min read     Updated on 24 Sept 2025, 05:37 PM
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Overview

Sarla Performance Fibers Limited has reported a significant acquisition of its shares by Hindustan Cotton Company, through partner Mrs. Sarladevi Madhusudan Jhunjhunwala. The disclosure was made on September 24, 2025, in compliance with SEBI regulations. While the exact number of shares acquired was not disclosed, the acquisition was substantial enough to require official reporting. The disclosure was signed by Krishnakumar Jhunjhunwala, Director of Sarla Performance Fibers Limited.

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Sarla Performance Fibers Limited has disclosed a significant development in its shareholding structure. The company reported a substantial acquisition of shares by Hindustan Cotton Company, through its partner Mrs. Sarladevi Madhusudan Jhunjhunwala.

Disclosure Details

The disclosure was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (SEBI) Substantial Acquisition of Shares and Takeovers Regulations, 2011. Sarla Performance Fibers communicated this information to both the BSE Limited and the National Stock Exchange of India Limited on September 24, 2025.

Key Points

  • Acquirer: Hindustan Cotton Company, through partner Mrs. Sarladevi Madhusudan Jhunjhunwala
  • Disclosure Date: September 24, 2025
  • Regulatory Compliance: SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Company Information

Sarla Performance Fibers Limited, headquartered at 304, Arcadia, 195, Nariman Point, Mumbai- 400021, is a player in the performance fibers industry. The company's Corporate Identification Number (CIN) is L31909DN1993PLC000056.

Management Statement

The disclosure letter was signed by Krishnakumar Jhunjhunwala, Director of Sarla Performance Fibers Limited, emphasizing the company's commitment to transparency and regulatory compliance.

While the exact number of shares acquired or the resulting shareholding percentage has not been disclosed in the available information, this acquisition is deemed substantial enough to warrant official disclosure under SEBI regulations.

Investors and market watchers may want to monitor further developments regarding this share acquisition, as it could potentially impact the company's ownership structure.

Historical Stock Returns for Sarla Performance Fibers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%-2.32%-3.79%+25.62%+16.55%+424.01%
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Sarla Performance Fibers Reports Major Share Acquisition by Hindustan Cotton Company

1 min read     Updated on 15 Sept 2025, 01:30 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Sarla Performance Fibers Limited announced a significant acquisition of its shares by Hindustan Cotton Company, through Mrs. Sarladevi Madhusudan Jhunjhunwala. The disclosure was made in compliance with SEBI regulations on substantial share acquisitions. Director Krishnakumar Jhunjhunwala communicated this to BSE and NSE on September 12, 2025, under Regulation 29(2) of SEBI. While specific details of the acquisition were not provided, the transaction was significant enough to require mandatory disclosure.

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*this image is generated using AI for illustrative purposes only.

Sarla Performance Fibers Limited , a prominent player in the performance fibers industry, has disclosed a significant development in its shareholding structure. The company recently announced a substantial acquisition of its shares by Hindustan Cotton Company, executed through its partner, Mrs. Sarladevi Madhusudan Jhunjhunwala.

Regulatory Compliance

The disclosure was made in accordance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers. This move underscores the company's commitment to transparency and adherence to regulatory requirements in the Indian stock market.

Official Communication

Mr. Krishnakumar Jhunjhunwala, a director of Sarla Performance Fibers Limited, officially communicated this information to both the BSE Limited and the National Stock Exchange of India Limited on September 12, 2025. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Details of the Acquisition

While specific details about the number of shares acquired or the resulting shareholding percentage were not provided in the initial disclosure, the transaction is significant enough to warrant a formal announcement under SEBI regulations. This suggests that the acquisition has crossed thresholds that require mandatory disclosure.

Company Background

Sarla Performance Fibers Limited, headquartered at 304, Arcadia, 195, Nariman Point, Mumbai, is known for its presence in the performance fibers sector.

Market Implications

This substantial share acquisition by Hindustan Cotton Company could potentially signal a shift in the company's ownership structure or strategic direction. However, the full implications of this move on Sarla Performance Fibers' future operations and strategy remain to be seen.

Investors and market watchers will likely keep a close eye on any further developments or disclosures from Sarla Performance Fibers Limited regarding this significant shareholding change. As always, stakeholders are advised to stay informed and consider the potential impacts of such corporate actions on their investment decisions.

Historical Stock Returns for Sarla Performance Fibers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%-2.32%-3.79%+25.62%+16.55%+424.01%
Sarla Performance Fibers
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